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979 Burke Road
Camberwell VIC 3124
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Sold on 6 Dec 2018

979 Burke Road Camberwell VIC 3124

  • Medical / Consulting
  • 664 m²
  • Sold

PREMIUM CAMBERWELL INVESTMENT LEASED TO AUSTRALIAN HEALTH SERVICE ALLIANCE WITH SIGNIFICANT UPSIDE

    CBRE is excited to present for your consideration 979 Burke Road, Camberwell A premium two-level opportunity ideally positioned at the gateway of Camberwell Junction and the ideal proposition for owner occupiers, investors or developers.

    Key attributes of this outstanding offering include:

    + Three (3) year lease to long standing tenant of 25 years, no further options

    + Current rental income of $151,462.58 pa* + GST & outgoings with fixed annual increases

    + Favourable Commercial 1 Zoning that supports multi-level development (STCA)

    + Substantial building area of 664sqm* plus on-site car parking

    + Irreplaceable landholding of 628sqm* with prominent exposure to Burke Road

    + Ideally located at the gateway of Camberwell Junction, walking distance to national retailers, restaurants, homewares, fashion boutiques and recreation attractions

    + Lucrative sought after suburb, with a median house price of $2,470,000**

    For sale via public on-site auction Thursday 6th December 2018 at 2.30pm

    Open for inspections:
    Wednesday 14th November 3:00-4:00pm
    Wednesday 21st November 3:00-4:00pm
    Tuesday 27th November 3:00-4:00pm

    FOR MORE INFORMATION PLEASE CONTACT THE EXCLUSIVE SALES AND MARKETING AGENTS:

    Sandro Peluso
    +61 418 389 757

    Josh Twelftree
    +61 452 524 985

    Jimmy Tat
    +61 439 399 118

    *approx

    Property Highlights

    Date Sold6 Dec 2018
    Floor Area664 m²
    Land Area628 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231814
    Category
    Last updated  3 Sep 2021
    Map for 979 Burke Road Camberwell VIC 3124

    Property Highlights

    Date Sold6 Dec 2018
    Floor Area664 m²
    Land Area628 m²
    ParkingOn site parking available
    Building TypePartial building
    Property ID2017231814
    Category
    Last updated  3 Sep 2021

    Listed by

    Sandro Peluso
    Sandro Peluso
    CBRE
    Call
    +61 418 389 757

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